Inventories were as follows:
Dec 31, 2022
Dec 31, 2021
On December 31, 2022 impairments were made on inventories amounting to EUR 6,949 thousand (Dec 31, 2021: EUR 2,231 thousand). The increase compared to the same period of the previous year is mainly due to higher inventories, effects in the course of the relocation of production and effects from the expiry of production cycles at customers.
On December 31, 2022, and 2021, the inventories were not collateralized with the exception of the customary business reservations of title.
These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.